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luckytrade

09/17/07 1:34 PM

#27712 RE: defireman #27711

That won;t happen.

Because of the supply and demand rule: When buyers can't buy at 1 cent becuase none wants to sell. Then the buyers will eventually raise their bids. When the bids are high enough, say 5 cents, $1. Some people will begin to sell at least part of their holdings. Eventually, PPS will go up!
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jcrom56

09/17/07 2:11 PM

#27714 RE: defireman #27711

Apply the same logic to any company making 100B a year...the answer is no, it simply will not stay the same. If and when revenues begin to be posted quarter by quarter, we will be able to determine a P/E. If the P/E is ridiculously low, there will be plenty of buyers, have no concern about that. If we can move from a speculative venture to a bona fide revenue producing company, it will be a whole new ball game.

jc
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TalonThorn

09/17/07 2:25 PM

#27715 RE: defireman #27711

Not sure I understand the question or else it is more of a misunderstanding here. The value of a stock isn't based on what it trades at but rather it is based on what people see it as worth. It doesn't have to trade to appreciate in value; however, you won't know for sure what it is worth to others until it trades. :D

Not every stock goes up because the company is doing well. Even Microsoft goes up and down. I think it has to do with what management does to promote the stock.